Litronic Inc

Litronic Inc., an Irvine maker of online security products, said Monday that Robert Brich has resigned as the company's vice president of network solutions sales. Brich is leaving to pursue personal interests, the company said.

* NetGuru Inc., a Yorba Linda information technology company, reported that its net loss for the first quarter widened to $1.2 million, or 7 cents a share, from $300,000, or 4 cents a share, a year earlier. Revenue fell 7% to $6.8 million. * Lake Forest collectibles company L.L. Knickerbocker Co. reported second-quarter profit of $180,000, contrasted with a net loss of $671,000, or 1 cent a share, for the comparable period last year. Sales declined 24% to $6.7 million.

Wall Street hammered Litronic Inc. on Friday, a day after the Irvine provider of Internet data security services said it would report a larger-than-expected loss for the fourth quarter. Litronic's stock fell $4.81 a share, or 22%, to $16.94 in Nasdaq trading. The company had said Thursday after the market closed that it expects to report a quarterly loss of 25 to 30 cents a share on revenue of $11 million to $12 million. That projection is below Wall Street analysts' expectations.

The Irvine provider of Internet security posted a fourth-quarter net loss of $33.9 million, or $3.45 a share, which included a noncash charge of $31.4 million related to the purchase of Pulsar Data Systems Inc. in June 1999. The net loss for the year-earlier fourth quarter was $3.2 million, or 33 cents a share. Revenue declined 8% to $10.5 million. For the year, the net loss totaled $41.4 million, or $4.20 a share, compared with the prior year's net loss of $7.1 million, or $1 a share.

* NetGuru Inc., a Yorba Linda information technology company, reported that its net loss for the first quarter widened to $1.2 million, or 7 cents a share, from $300,000, or 4 cents a share, a year earlier. Revenue fell 7% to $6.8 million. * Lake Forest collectibles company L.L. Knickerbocker Co. reported second-quarter profit of $180,000, contrasted with a net loss of $671,000, or 1 cent a share, for the comparable period last year. Sales declined 24% to $6.7 million.

The Irvine provider of Internet data security products and services said it lost $1.5 million, or 31 cents a share, in the second quarter, compared with a net loss of $160,000, or 4 cents a share, for the same quarter last year. Revenue increased 80% to $2.7 million, reflecting the acquisition of Pulsar Data Systems.

Litronic Inc.: The Irvine provider of Internet data security services said it lost $1.4 million, or 14 cents a share, for the third quarter, compared with a net loss of $467,000, or 12 cents a share, for the same period last year. Revenue rose to $16.1 million from $1.8 million.

Litronic Inc., an Irvine maker of online security products, said Monday that Robert Brich has resigned as the company's vice president of network solutions sales. Brich is leaving to pursue personal interests, the company said.

Wall Street hammered Litronic Inc. on Friday, a day after the Irvine provider of Internet data security services said it would report a larger-than-expected loss for the fourth quarter. Litronic's stock fell $4.81 a share, or 22%, to $16.94 in Nasdaq trading. The company had said Thursday after the market closed that it expects to report a quarterly loss of 25 to 30 cents a share on revenue of $11 million to $12 million. That projection is below Wall Street analysts' expectations.